https://www.taxtmi.com/caselaws?id=6441 For rectification under section 35 of the Indian Income-tax Act, 1922, the "record of the appeal" was treated broadly to include connected assessment proceedings and later orders that retrospectively displaced the factual basis of the appealed assessment. Because closing stock for one year formed the opening stock for the next, the later determination of the earlier year's stock valuation was relevant to identify an apparent mistake in the succeeding year's appellate order. Rectification was therefore permitted on the basis of the later superseding order, which was treated as part of the relevant record for that limited purpose. en-us Tue, 04 Mar 1975 00:00:00 +0530 Fri, 05 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6441 For rectification under section 35 of the Indian Income-tax Act, 1922, the "record of the appeal" was treated broadly to include connected assessment proceedings and later orders that retrospectively displaced the factual basis of the appealed assessment. Because closing stock for one year formed the opening stock for the next, the later determination of the earlier year's stock valuation was relevant to identify an apparent mistake in the succeeding year's appellate order. Rectification was therefore permitted on the basis of the later superseding order, which was treated as part of the relevant record for that limited purpose. Case-Laws Income Tax Tue, 04 Mar 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6441